PRICING PROPOSAL FOR THE MEMBER OF HKBAV
Our vision is to be the best-value carrier in the region, and to provide a platform in facilitating passenger and cargo traffic so as to support the development of Hong Kong to be a world-class aviation hub. Greater Bay Airlines provides offers for round trip flight from Ho Chi Minh City to Hong Kong for HKBAV member at USD 70++
NEW LAW CLEARS PATH FOR FOREIGN BUYERS
The new Law on Housing passed by the National Assembly will bring positive changes related to housing ownership of foreigners in Vietnam when it comes into effect in 2025. Talking with VIR, Le Tuan Anh, managing partner of DN Legal, said that foreigners’ right to buy and sell housing from fellow non-nationals is recognised in the new legislation, which was passed on November 27.
LIVESTOCK SECTOR AIMS FOR 5% GROWTH IN 2024
The Department of Livestock Production has set its sights on achieving a 4-5% increase in production value next year, contributing to around 28-30% of the nation’s overall agricultural output. This target was discussed at a conference held in Hanoi on December 19. Deputy Minister of Agriculture and Rural Development Phung Duc Tien outlined specific objectives for various livestock products in 2024.
REGIONAL ECONOMIES TO SEE SLIGHT GROWTH NEXT YEAR – REPORT
The Mastercard Economics Institute (MEI) has expected modest growth across Asia Pacific in 2024, although regional economies may stabilize and key drivers like exports and tourism approach pre-pandemic levels. The region’s outlook, detailed in the report “Economic Outlook: Balancing Prices & Priorities”, forecast upward trends in economic performance in Singapore, Malaysia, the Philippines and Vietnam.
REAL ESTATE MARKET TO RECOVER IN Q2 2024, ACCELERATE IN 2025, EXPERTS PREDICT
peaking at the Việt Nam Real Estate Summit 2023 held by Batdongsan.com.vn in HCM City last week, Nguyễn Quốc Anh, deputy general director of the property listing platform, said the Vietnamese real estate market in 2023 has been experiencing positive changes and mirroring a previous cycle.
LENDING RATE FORECAST TO BE CUT BY 1-1.5PP IN 2024
There will be little room for further reduction in deposit interest rates in 2024 as they have dropped deeply to pre-COVID-19 levels, while the lending interest rate can still be lowered by 1-1.5 percentage points next year, Vietcombank Securities (VCBS) forecast.
HONG KONG FOR VIETNAM: FINANCIAL GATEWAY TO GBA, ASIA AND THE WORLD
This is an event in a series of promotional activities organized by VCCI-HCM in collaboration with the Hong Kong Economic and Trade Office in Singapore (HKETOSIN) and Hong Kong Investment Promotion Bureau (InvestHK) to promote cooperation between Hong Kong - Ho Chi Minh City in particular and Hong Kong - Vietnam in general.
TEXTILE, GARMENT INDUSTRY TARGETS US$44 BILLION EXPORT TURNOVER NEXT YEAR
Export turnover of the textile and garment sector is expected to reach US$44 billion in 2024, up 9.2 percent against 2023, according to the Viet Nam Textile and Apparel Association (VITAS). This year, the sector's export value is projected to fall by 9.2 percent year on year to US$40.3 billion due to decrease in orders and price as well as fiercer competition, said VITAS President Vu Duc Giang.
